SPYV - State Street SPDR Portfolio S&P 500 Value ETF

The State Street SPDR Portfolio S&P 500 Value ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Value Index (the "Index")A low cost ETF that seeks to offer exposure to S&P 500 companies that could be undervalued relative to the broader marketThe Index contains stocks that exhibit the strongest value characteristics based on: book value to price ratio; earnings to price ratio; and sales to price ratioOne of the low cost core State Street SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes

As of May 15, 2026: spot at $59.89, ATM IV 12.9%, net GEX $239.2K.

Sector
Financial Services
Industry
Asset Management
Market Cap
$34.08B
Beta
0.83
52-Week Range
49.68-60.37
Dividend Yield
$1.03
IPO Date
Oct 2, 2000
Exchange
AMEX

What SPYV Looks Like to Options Traders Today

IV rank of 1.5% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($239.2K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.027) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The SPYV overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked SPYV overview questions

What is SPYV?
SPYV is the ticker symbol for State Street SPDR Portfolio S&P 500 Value ETF, an listed exchange-traded fund. The State Street SPDR Portfolio S&P 500 Value ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Value Index (the "Index")A low cost ETF that seeks to offer exposure to S&P 500 companies that could be undervalued relative to the broader marketThe Index contains stocks that exhibit the strongest value characteristics based on: book value to price ratio; earnings to price ratio; and sales to price ratioOne of the low cost core State Street SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes Listed on AMEX. SPYV is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the SPYV options snapshot look like today?
As of May 15, 2026, the SPYV options snapshot shows spot at $59.89, ATM IV 12.9%, IV rank 1.5%, net GEX $239.2K, expected move 3.70%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are SPYV's key statistics?
State Street SPDR Portfolio S&P 500 Value ETF (SPYV) carries a market capitalization of $34.08B, 52-week range of 49.68-60.37. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does SPYV belong to?
State Street SPDR Portfolio S&P 500 Value ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SPYV's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the SPYV data on this page?
The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.